A New Start as a Digital Nomad

Digital Nomad

This post was updated on November 28th, 2018

A New Beginning

Back in the spring of 2014, a few situations in my business caused me to re-evaluate my current path. I think I had been stuck in a rut of familiarity & comfort for several years, really. While I was no longer fired up about what I was doing for a living, I was still having lots of success with it.

But as I replayed several events in my mind, I began to see a pattern emerge. The desire for a radical change would arise, then quickly be suppressed by thought of: “That sounds exciting, let me just line up a few things over here and start working toward that next.” Only the 'next' wasn’t happening.

A couple more events in my business finally made me start to listen to the voice of change. It really made me think: “Is is possible to dive in head first and truly start over as a digital nomad, rather than just talking about it and slowly moving towards it?”.

If you think adventure is dangerous, try routine. It is lethal.

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The Idea

​Create new online income streams that would cover my monthly expenses, then ​spend some time abroad as a digital nomad. Then after a few months I would re-evaluate and see what ​I wanted to do / where ​i wanted to go next.

The Deadline

​Within twelve months, and ideally closer to six. 

Although I would be fine traveling on my existing savings, I wanted to be bringing in at least a thousand dollars each month from these new income streams before leaving..

The Challenges

​When I ​sat down to evaluate the challenges this idea (and deadline) presented, I noticed that there really wasn't much to it. All I needed to do was begin:

  • ​building multiple online income streams from scratch
  • ​selling most of ​my possessions, and
  • ​coming up with a good 'elevator ​pitch' for friends & family

The Solutions

The solutions weren't that complicated, but the process of arriving at those solutions was more challenging than I expected. 

It is easy to make money online, but it's harder to weed out the strategies and avenues that aren't worth your time. (It seems like practically everyone talking about making money online is actually making ​their money from just talking ​about it.)

​The ​solutions I eventually settled on should yield a blend of short, medium, and long term benefits. (​Check out The 65-25-10 Formula for a ​detailed explanation) My initial choices were:

  • Freelancing and Micro Jobs to gain new skills and experience,
  • Airbnb (hosting ​at first, ​then later as a guest),
  • writing eBooks,
  • creating video courses, and
  • documenting my journey on the blog.
Laptop Work Station

​Time to Start

​Now it was time to begin. With a clear vision, a deadline, and my next action steps, I was ready. Click on the link below to find out what happened over the next year.

Cheers,
Patrick

UPDATE: Did I achieve these goals? Find out here.


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